Have you ever thought what might happen to you and your family’s current lifestyle if you could no longer work because of illness or injury? Would receiving a large lump sum payment go some way in helping your situation?

Ask yourself this: What would happen if you had to stop work suddenly because of an accident or illness? What about your bills and financial obligations? Could you afford to pay your debts and enjoy your current lifestyle?

Like most Australians, the chances are pretty good that you’ve already insured your significant assets like your house, contents, car and maybe a boat or caravan if you have one. But what about your biggest asset?

Life can sometimes present you with unexpected, life-changing challenges, and the diagnosis of a potentially life-threatening medical condition would be right at the top of the list. Even scarier is discovering how the financial burden of a medical event like this can affect you and your family.